Overview The Invesco QQQ Trust (QQQ) chart presents a well-defined Elliott Wave structure over the long term, suggesting a robust bullish trend. Additionally, the RSI is indicating interesting channel movements that reflect changes in market momentum. Key Points: Elliott Wave Analysis: The chart displays a clear Elliott Wave pattern: Wave I started the...
simple price action here, 4h macro structure broke to the upside with the 1h flagging at highs. Don't let it fool you though... this play could Boom OR Bust. Size accordingly.
Sharing my usual QQQ chart with weekly and daily levels (they get updated every Monday for Weekly and every day for Daily) #QQQ is in an ending diagonal, bull flagging, so early next week price action is important. Should break above or fail on a grand scale! Below 420.50 will trigger a strong selloff down to 412!
Investors who want to take advantage of what happened today can short the QQQ at the September 15, expiration and hedge with short SQQQ at the July 21 expiration. Delta neutral positions would be the best. Check out the Equity Channel Podcast on Apple, Amazon and Spotify for more quality information on trading and investing.
QQQ is under pressure on this path. I will looking for a short under the support! These are the keylevels to watch for a scalp trade. But carefful beacause the trend still bullish for now.
It has been four months since my bottom call of the QQQ (the purple vertical line) . In that post i've discussed two types of correction. One of the scenario's is on the chart still. For the other, see my previous post . It looks like it is time to take some profits from that trade (if you've managed to take the trade four months ago), as the price is touching...
QQQ Momentum Projection key levels ALERTS TAKE NOTE of ALERTS --------------------- lets see what the super-computer has in store for us... FUTURES Godspeed -gtxlc
gtxlc QQQ 27MAR23 momentum projection/ break-even Anticipating QQQ to continue on w/ bullish pattern. lets see what the super-computer has in store for us... -gtxlc
Welcome back! Let me know your thoughts in the comments! ** QQQ Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight...
I am starting a small hedge on TQQQ. If you don't know, I flip from buying SQQQ and TQQQ. Our 4-hour chart is signaling a slow of momentum downward, as well as what may be the start of a pullback. We're currently in a major area of support. We just broke underneath the Keltner Channel and we'll have to retest resistance to move back into it to signal the start...
I expect a potential reversal to $287 before going lower this year, around the $250 area. The chart is forming a massive falling wedge. Looking forward to read your opinion about it.
QQQ Critical levels to the upside in the daily chart- 312, 318, 330, 335
Just follow the black arrows. Comp'd to march rebound from 315. Not trading advice
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
Q's looking weak going into this week and max pain presenting itself. Ideally would like to create a higher low on the macro level to find a generational buy and bounce back to last weeks highs. Traders gonna trade and levels are in the video! Good Luck!
Here is an interesting perspective - if you're familiar with pitchforks and parallel channels and how to appropriately use them, here I'm using the similar knowledge of that mixed with parallel channels to create this. Pay close attention to the circles and how many times it entered that channel and broke out. A trading channel is drawn using parallel lines that...
Having broken below the 200 day Moving Average for the first time since March 11th, 2020, after the the COVID outbreak news, the next real support for the QQQ us at the Daily Demand level between $350 and $352. I am expecting it to test that level before the FOMC meeting concludes on Wednesday, Jan 26th and then, hopefully if the Fed Report is not terrible in...